Sheldrake Lake is a man-made body of water located in the north-eastern section of New Rochelle in Westchester County, New York.

The value of the water power of the Sheldrake River was recognized at an early date, and its development was primarily due to the work of Quakers who lived in the north-eastern portion of New Rochelle.

In 1876, under the ownership of John T.Goodlife, the mill dam was improved to enlarge the area of the pond so as to develop its use in the ice industry.

The various enterprises of the mills continued until they were ultimately sold to Charles H. Murray who promoted the sites use by the Larchmont Water Company.

It is an important resource for the neighboring communities which offers a unique wildlife habitat and a zone for nature-related study and recreation.